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The Markets
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Leisure, gaming and gambling

Accesso raises guidance and signs global deal with Merlin

"The board now expects 2016 to be ahead of current expectations, and 2017 to be materially ahead of current expectations.”

Theme park ticketing specialist accesso (LON:ACSO) has predicted improving earnings for the next two and a half year as the benefits of new contracts come through.

Earnings this year, 2015, will meet previous guidance, it said, with momentum described as excellent across all divisions, but the pace will pick up after that.

“In addition, encouraged by strong trading, and excellent new contract momentum across the business, the board now expects 2016 to be ahead of current expectations, and 2017 to be materially ahead of current expectations," the group said.

Accesso also announced it had signed an exclusive long term agreement with Merlin Entertainments (LON;MERL) to provide onsite ticketing and eCommerce across its global theme park portfolio.

The initial contract term is for seven years and includes the installation and deployment of the hosted accesso Passport ticketing solutions.

Installation will take three years and includes more than 100 attractions around the world including LEGOLAND Parks, Madame Tussauds, SEA LIFE and The Eye Brand.

Nick Varney, Merlin’s chief executive, said: "Accesso is a unique and valued partner and their solution will allow us to provide a consistent, state-of-the-art ticketing experience to the millions of guests who enjoy Merlin attractions around the world."

In May, accesso reported strong attendances from a number of its theme park customers.

US park titan Six Flags and Legoland in the UK already use its queuing systems, while over the past year it has added a raft of new venues as ticketing and visit planning customers in the US.

A new e-Commerce store for its Passport ticketing platform had boosted sales five-fold, while a new theme park queuing tool started trials this summer.

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